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About

CoinLedger (formerly CryptoTrader.Tax) takes away the pain of preparing your bitcoin and crypto taxes. Simply connect your exchanges, import trades, and download your tax report in minutes. Import your trades using the API import tool or upload your trade history file. CoinLedger integrates with all major exchanges to make this process quick and painless. Add your sources of cryptocurrency income from the tax year. CoinLedger calculates your gains from mining, staking, gifts, airdrops, and forks. CoinLedger calculates your tax liability using the same methods tax professionals use. Rest assured that you are paying the correct amount and minimizing your crypto tax liability. Download your completed IRS forms to file yourself, send to your accountant, or import into software like TurboTax and TaxAct. Partnered with the largest tax preparation platform to make it easy for you to E-File your crypto gains and losses with your full tax return.

About

Syla is Australia’s most affordable crypto tax software, where you pay the lowest crypto tax. > All plans have support for 10,000 transactions and cover all financial years. > Developed by a team of Australian tax professionals, specifically to satisfy Australian tax law. > Guaranteed to pay the lowest tax legally possible using Syla’s pioneering LTFO (Lowest-Tax First-Out) tax optimisation. > Generate ATO compliant crypto tax reports. > Exclusively for Australia. The tax logic in Syla has been designed by a dedicated team of tax professionals, including a Chartered Accountant (CA), Chartered Tax Adviser (CTA), Tax Lawyer (LLB) and a SMSF Specialist Advisor (SSA).

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Cryptocurrency investors or accountants looking for a tax solution

Audience

Australian crypto investors and accounting professionals

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

No images available

Pricing

$49 per tax season
Free Version Not Supported
Free Trial Not Supported

Pricing

$59/year
Free Version Supported
Free Trial Not Supported

Reviews/Ratings

Overall 4.9 / 5
ease 4.8 / 5
features 4.5 / 5
design 4.6 / 5
support 5.0 / 5

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • I really liked how easy and how fast it was to import my transactions to CoinLedger. I imported transactions via API and via CVS file upload and both were very smooth. I also really liked their customer support. This was my first attempt to tackle crypto taxes, so I had a ton of questions and concerns which were answered quickly making the whole process much less stressful and allowing me to meet my extension deadline. I also really liked that you could view your gains/losses with each of the different accounting methods allowed. Made decisions on how to proceed very easy.
  • When I had some questions I simply wrote CoinLedger. Upon doing so I received quick replies with detailed help/instructions.
  • Crypto-tax is not easy but this service is super-helpful. And would have been very easy if all my exchanges were ones listed with CoinLedger. I made a mistake in my data entry and the support offered to trouble-shoot for me was prompt and second to none. I happily recommend.
  • -FANTASTIC customer service -Most exchanges supported -Very reasonable price -Easy API imports -Easy upgrades/cancellations
  • This firm produce superb support services for their clients, even though they are not 24 hours they do correspond promptly within a convenient timeframe. I am an emotive businessman so prioritizing customer service is a must for myself and CoinLedger fulfills that satisfaction.

Cons

  • The couple things I didn’t like I was told will be fixed in the app update Nov.2021, so really it becomes a moot point. I will mention them anyway though in order to give a fair and accurate review. I had crypto gifts, and I found it a little hard to figure out what the cost basis would be for the person receiving the gift. Not only did customer service offer me a work around, they also informed me that will be taken care of the the app update coming next month. The other thing that I was told will also be upgraded is the availability to connect Meta Mask and Dex’s.
  • There are no cons with which I am familiar with CoinLedger.
  • There was a pop up just before I finalised, saying tax wasn't due for this year (it was), which was (and still is) confusing. However, the support team quickly addressed my query on the matter and advised simply to proceed, which went smoothly.
  • -No Kraken margin trade support yet. There are some things I'd like to be able to adjust manually that I can't, but that seems to be a limitation on other comparable services as well
  • A mobile application should be considered for maximum utilization.

Pros & Cons from Real Users

Pros

  • The best thing was the exceptional support. The product is great and really simple to use. It also helped me to save tax.

Cons

  • None. Everything worked really well, I just wish I had found it earlier!

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

CoinLedger
Founded: 2017
United States
coinledger.io

Company Information

Syla
Founded: 2022
Australia
www.syla.com.au

Alternatives

Alternatives

CoinTracker

CoinTracker

CoinTracker.io

Categories

Categories

Crypto Tax Supported

Crypto Tax Features

Automated Data Import Supported
Exchange Integration Supported
Export Transactions Supported
Historical Prices Supported
Income Overview Supported
Margin & Futures Support Not Supported
Profit & Loss / Cap Gains Supported
Staking / Lending / DeFi Support Supported
Tax Form Generation Supported
Tax Loss Harvesting Supported
Wallet Integration Supported

Integrations

Abra Supported
BigONE Supported
BitMEX Supported
Bithumb Supported
Bybit Supported
Changelly Supported
Currency.com Supported
Dex-Trade Supported
EFEX Supported
GateHub Supported
Korbit Exchange Supported
LocalTrade Supported
MakerDAO Supported
MetaMask Supported
Poloniex Supported
Swyftx Supported
Uniswap Supported
dYdX Supported

Integrations

Abra Not Supported
BigONE Not Supported
BitMEX Not Supported
Bithumb Not Supported
Bybit Not Supported
Changelly Not Supported
Currency.com Not Supported
Dex-Trade Not Supported
EFEX Not Supported
GateHub Not Supported
Korbit Exchange Not Supported
LocalTrade Not Supported
MakerDAO Not Supported
MetaMask Not Supported
Poloniex Not Supported
Swyftx Not Supported
Uniswap Not Supported
dYdX Not Supported
Claim CoinLedger and update features and information
Claim CoinLedger and update features and information
Claim Syla and update features and information
Claim Syla and update features and information